Oil prices rose to a more than seven-year high on Friday, marking their sixth consecutive weekly rise, as global instability heightened fears of energy supply constraints. On a weekly basis, the benchmark contracts posted their longest winning streak since October…. Read More ›
Sustainability
Spying Concerns Prompt The US To Ban Chinese Telecom Giant China Unicom
The latest Chinese telecommunications behemoth to be barred from entering the United States due to “significant” national security and espionage worries is China Unicom. The Federal Communications Commission (FCC) announced that it had unanimously voted to terminate the company’s authorization… Read More ›
China’s Realme Entering Europe’s High-End Smartphone Market, To Launch New Handsets
Realme’s CEO has said that the company will enter the European market of high-end smartphones next month with its most expensive gadget yet, as part of a plan to grow apart from its budget offerings and sell 50 per cent more smartphones globally this… Read More ›
At Least $1.1 Mln NFTs Were Sold Lower Than Market Price Due To Marketplace Flaw
According to blockchain analytics firm Elliptic, a defect in the largest marketplace for non-fungible tokens (NFTs), OpenSea, allowing customers to purchase at least $1.1 million worth of NFTs for substantially less than market pricing. An NFT is a type of… Read More ›
Policies and trade tools will be overhauled to fight forced labor: USTR
In a statement U.S. Trade Representative’s office said it will conduct an inter-agency review of its trade tools and policies to fight forced labor in order to determine whether there are any gaps that need filling. The review, part of… Read More ›
Panasonic will begin production of new lithium ion batteries for Tesla in 2023
In a report Japan’s Nikkei said, Panasonic will begin producing its new lithium-ion battery for Tesla from 2023 and plans to invest around $705 million (80 billion yen) in production facilities in Japan. Panasonic’s new lithium-ion batteries is likely to make electric… Read More ›
WHO’s Tedros Says Conditions Globally Are Ideal For More Covid Variants To Emerge
The conditions are just right for the Covid-19 coronavirus to mutate into new versions, and it’s dangerous to think the pandemic is nearing its end, according to the WHO’s senior official. Director-General Tedros Adhanom Ghebreyesus told the WHO’s executive board… Read More ›
Euro Zone’s Rebound Stalled In January As Omicron Impacted Services: PMI
The euro zone’s economic recovery slowed, even more, this month, according to a survey released on Monday, as fresh limitations imposed to manage the omicron coronavirus variety slowed the bloc’s main services activity and prices continued to rise. With the… Read More ›
Netflix’s Lacklustre Growth Projections Cast A Cloud Over The Video Streaming Industry
Even as Netflix Inc executives attempted to reassure investors in a Thursday video interview that the company’s long-term streaming media prospects remain bright, with its popular series “Bridgerton” set to return for a second season and a science-fiction film starring… Read More ›
Race To Quickly Deliver Groceries Among Indian Grocery Startups Puts Riders At Road Safety Risks
Indian grocery startups are enticing tech-savvy consumers with the guarantee of 10-minute deliveries, igniting a surge in “quick commerce” while also raising concerns about road safety as bike riders rush to meet tight deadlines. Amazon, Walmart’s Flipkart, and Indian billionaire… Read More ›